Elliott Management Supports Riverbed Transaction

Largest Shareholder Commends Board and Thoma Bravo

Elliott Offered to Buy Riverbed Earlier this Year

NEW YORK--()--Elliott Management Corporation (“Elliott”) today announced its support for the Riverbed transaction:

“As Riverbed’s largest shareholder, we’re delighted with this outcome that gives shareholders immediate, premium value”

“As Riverbed’s largest shareholder, we’re delighted with this outcome that gives shareholders immediate, premium value,” said Jesse Cohn, Head of US Equity Activism for Elliott Management. “Elliott offered to buy Riverbed nearly one year ago and we commend Jerry and the rest of Riverbed’s board for taking this bold step. Thoma Bravo has also proven once again that they are a great partner for technology companies seeking their next phase of growth outside the public markets. Congratulations to all.”

Cautionary Statement Regarding Forward-Looking Statements

The information herein contains “forward-looking statements.” Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as “may,” “will,” “expects,” “believes,” “anticipates,” “plans,” “estimates,” “projects,” “targets,” “forecasts,” “seeks,” “could,” “should” or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe our objectives, plans or goals are forward-looking. Our forward-looking statements are based on our current intent, belief, expectations, estimates and projections regarding the Company and projections regarding the industry in which it operates. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to differ materially. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and actual results may vary materially from what is expressed in or indicated by the forward-looking statements.

About Elliott Management Corporation

Elliott Management Corporation manages two multi-strategy hedge funds which combined have more than $25 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest hedge funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.

Contacts

For Media Inquiries:
Elliott Management Corporation
Stephen Spruiell, 212-478-2017
sspruiell@elliottmgmt.com